At 4.30 am ET Friday, the Office for National Statistics publishes UK GDP data for the first quarter. The economy is expected to grow 0.4 percent from the fourth quarter, when it grew 0.7 percent.

Ahead of the data, the pound advanced against its major rivals.

The pound was worth 1.2926 against the greenback, 143.92 against the yen, 1.2846 against the franc and 0.8427 against the euro around 4:25 am ET.

Sterling vs Yen (FX:GBPJPY)
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